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Check up: What’s happening with ASX small cap health stocks? They’re up 11 pc this year
Health & Biotech
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Here’s our fortnightly wrap of all the news driving ASX small cap health stocks.
As the financial year draws to a close, Stockhead reflects on the winners of the ASX small cap health sector in the year thus far.
This year the sector is up over 11 per cent and the top three performers are an app company with a Morrison government cash injection, a cannabis play and this year’s second best performing IPO. They’re all up over 300 per cent.
The gold, bronze and silver medal winners
PainChek (ASX: PCK) has made the greatest gains of all health small caps having soared since the Morrison government announced a $5m investment.
PainChek’s technology uses facial recognition to assess pain in patients who are unable to communicate with their carers.
Since receiving the government funding, the company has continued to roll out its platform.
The most recent news was a $4.2m placement, announced last month. PainChek is under annual contract to over 80 facilities with over 30,000 assessments conducted over the last 18 months.
Taking the silver medal is pot stock Althea Health Group (ASX: AGH), which has had a busy year.
Earlier this month the company announced it had made moves in the UK market. It’s products were prescribed for the first time and Althea was chosen to supply the first UK National Medical Cannabis Pilot.
The program wants to enrol 20,000 patients by the end of 2021. Amibitious? Maybe. But after reaching 300 patients earlier this year they reached the 1,000 patient milestone only two weeks ago.
The Pot Seat: Althea’s Josh Fegan says they can absolutely sell home grown ganja in 2020
Winning the bronze medal was a late entrant, having listed in April – anti bacteria biotech Next Science (ASX: NXS). The company listed at $1 and is now over $4.
Next in line was Orthocell (ASX: OCC), which rose 377 per cent in just one day after a successful Phase III trial of its CelGro technology that targets damaged nerves. Patients reported an 83 per cent improvement in muscle power.
It is nowhere near an ASX record for one day gains though. In fact, even as a record for 2019 it was superceded this week by Hylea Metals (ASX: HCO). Hylea rose 430 per cent on Monday morning after announcing it was buying a uranium mine.
Fortnightly gainers
Althea also took out a top three place among the best performing stocks in the last two weeks. The news earlier this week sent it up 49 per cent.
The top gainer was another pot stock, Botanix Pharmaceuticals (ASX: BOT). It turns out Next Science isn’t the only bug killer – Botanix’s skin cream (Cannabidiol) does too.
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The third best performer, 1st Group (ASX: 1ST), had no company news but a couple of substantial holders, Focus Asset Management and John Plummer, topped up their holdings.
The company is a medical software producer and while things were quiet this month, in May it raised $2.6m and began a trial with St Vincent’s Health.
Among the other notable gainers this fortnight was Actinogen Medical (ASX: ACW), which is up 10 per cent.
While the company’s signature drug failed its clinical trial, the company is looking for other opportunities.
The only ASX small cap domiciled in Ireland, Oneview Healthcare (ASX: ONE) has lost 58 per cent this year, but climbed 19 per cent in the last fortnight despite no news out of the company.
| Code | Name | Price (3pm Thursday) | Market Cap | % Return (2 Weeks) | % Return YTD |
|---|---|---|---|---|---|
| PCK | PAINCHEK LTD | 0.18 | $162,973,568.00 | 20 | 349 |
| AGH | ALTHEA GROUP HOLDINGS LTD | 1.04 | $211,442,400.00 | 49 | 322 |
| NXS | NEXT SCIENCE | 4.03 | $719,410,000.00 | 25 | 303 |
| OCC | ORTHOCELL LTD | 0.535 | $81,837,240.00 | 14 | 266 |
| ALC | ALCIDION GROUP LTD | 0.12 | $96,680,536.00 | -4 | 167 |
| BOT | BOTANIX PHARMACEUTICALS LTD | 0.17 | $131,431,792.00 | 62 | 164 |
| IHL | IMPRESSION HEALTHCARE LTD | 0.039 | $22,693,984.00 | 44 | 162 |
| 1ST | 1ST GROUP LTD | 0.068 | $24,166,258.00 | 48 | 134 |
| FTT | FACTOR THERAPEUTICS LTD | 0.004 | $4,171,342.50 | -20 | 125 |
| M7T | MACH7 TECHNOLOGIES LTD | 0.435 | $64,659,588.00 | 9 | 112 |
| JHL | JAYEX HEALTHCARE LTD | 0.04 | $6,904,521.00 | -13 | 111 |
| QTM | QUANTUM HEALTH GROUP LTD | 0.026 | $28,556,016.00 | -4 | 86 |
| RAP | RESAPP HEALTH LTD | 0.18 | $124,763,496.00 | 0 | 81 |
| TLX | TELIX PHARMACEUTICALS LTD | 1.16 | $253,304,368.00 | 17 | 79 |
| ANP | ANTISENSE THERAPEUTICS LTD | 0.046 | $19,324,760.00 | -4 | 77 |
| RHT | RESONANCE HEALTH LTD | 0.104 | $44,362,244.00 | -9 | 75 |
| CMP | COMPUMEDICS LTD | 0.615 | $108,955,216.00 | 19 | 53 |
| VHT | VOLPARA HEALTH TECHNOLOGIES | 1.62 | $345,852,032.00 | -4 | 51 |
| GID | GI DYNAMICS INC-CDI | 0.024 | $23,133,054.00 | 41 | 50 |
| MVF | MONASH IVF GROUP LTD | 1.43 | $338,352,736.00 | 9 | 48 |
| BD1 | BARD1 LIFE SCIENCES LTD | 0.031 | $39,896,936.00 | 42 | 47 |
| MDR | MEDADVISOR LTD | 0.048 | $65,851,796.00 | -13 | 43 |
| SDI | SDI LTD | 0.0875 | $104,007,336.00 | -4 | 37 |
| CYC | CYCLOPHARM LTD | 1.47 | $101,281,344.00 | -2 | 36 |
| LSH | LIFESPOT HEALTH LTD | 0.073 | $5,662,513.50 | 20 | 33 |
| LBT | LBT INNOVATIONS LTD | 0.115 | $27,064,076.00 | -15 | 32 |
| FFC | FARMAFORCE LTD | 0.15 | $19,170,148.00 | 0 | 30 |
| MXC | MGC PHARMACEUTICALS LTD | 0.05 | $60,669,184.00 | -2 | 30 |
| PAR | PARADIGM BIOPHARMACEUTICALS | 1.27 | $244,103,856.00 | -10 | 27 |
| GSS | GENETIC SIGNATURES LTD | 1.02 | $106,115,128.00 | -2 | 26 |
| RHY | RHYTHM BIOSCIENCES LTD | 0.17 | $17,631,250.00 | 9 | 21 |
| MVP | MEDICAL DEVELOPMENTS INTERNA | 5.3 | $347,238,752.00 | 2 | 20 |
| HMD | HERAMED LTD | 0.18 | $15,755,191.00 | -25 | 19 |
| RNO | RHINOMED LTD | 0.22 | $31,934,988.00 | -6 | 18 |
| RCE | RECCE PHARMACEUTICALS LTD | 0.215 | $23,032,932.00 | 8 | 17 |
| OIL | OPTISCAN IMAGING LTD | 0.049 | $23,038,762.00 | 9 | 16 |
| NOX | NOXOPHARM LTD | 0.49 | $60,074,684.00 | -16 | 15 |
| NSB | NEUROSCIENTIFIC BIOPHARMACEU | 0.15 | $11,037,089.00 | 7 | 15 |
| IDT | IDT AUSTRALIA LTD | 0.17 | $40,282,036.00 | 3 | 14 |
| OPT | OPTHEA LTD | 0.66 | $164,613,792.00 | 0 | 14 |
| CTE | CRYOSITE LTD | 0.05 | $2,342,978.25 | 9 | 13 |
| AZV | AZURE HEALTHCARE LTD | 0.08 | $18,617,026.00 | 3 | 13 |
| ICS | ICSGLOBAL LTD | 1.01 | $10,689,859.00 | 0 | 13 |
| CP1 | CANNPAL ANIMAL THERAPEUTICS | 0.14 | $13,503,125.00 | -3 | 12 |
| IDX | INTEGRAL DIAGNOSTICS LTD | 3.01 | $472,768,096.00 | 2 | 10 |
| NVL | NATIONAL VETERINARY CARE LTD | 2.1 | $140,702,864.00 | 8 | 8 |
| PAA | PHARMAUST LTD | 0.04 | $10,928,626.00 | 3 | 7 |
| CPH | CRESO PHARMA LTD | 0.52 | $69,547,056.00 | 6 | 7 |
| EMV | EMVISION MEDICAL DEVICES LTD | 0.37 | $21,304,138.00 | -3 | 6 |
| VRT | VIRTUS HEALTH LTD | 4.49 | $360,944,352.00 | 1 | 5 |
| JHC | JAPARA HEALTHCARE LTD | 1.17 | $312,679,360.00 | -9 | 5 |
| AHX | APIAM ANIMAL HEALTH LTD | 0.5 | $52,948,864.00 | 11 | 4 |
| PYC | PHYLOGICA LTD | 0.028 | $68,399,984.00 | 8 | 4 |
| PBP | PROBIOTEC LTD | 1.55 | $93,353,920.00 | 3 | 3 |
| MMJ | MMJ GROUP HOLDINGS LTD | 0.24 | $55,235,756.00 | -2 | 2 |
| ONT | 1300 SMILES LTD | 6.4 | $151,541,664.00 | -3 | 1 |
| BPH | BPH ENERGY LTD | 0.001 | $2,543,277.75 | 0 | 0 |
| GLH | GLOBAL HEALTH LTD | 0.13 | $4,378,217.00 | -16 | 0 |
| ACR | ACRUX LTD | 0.185 | $30,816,876.00 | -5 | 0 |
| SDX | SIENNA CANCER DIAGNOSTICS LT | 0.06 | $17,343,310.00 | 22 | 0 |
| GTG | GENETIC TECHNOLOGIES LTD | 0.007 | $19,016,988.00 | 0 | 0 |
| UCM | USCOM LTD | 0.14 | $19,269,722.00 | -15 | -3 |
| PAB | PATRYS LTD | 0.025 | $26,814,758.00 | 4 | -4 |
| MDC | MEDLAB CLINICAL LTD | 0.34 | $72,802,472.00 | -7 | -4 |
| KZA | KAZIA THERAPEUTICS LTD | 0.34 | $21,136,668.00 | -8 | -4 |
| UBI | UNIVERSAL BIOSENSORS INC-CDI | 0.19 | $33,694,180.00 | -3 | -5 |
| CYP | CYNATA THERAPEUTICS LTD | 1.25 | $127,865,744.00 | 0 | -5 |
| PIQ | PROTEOMICS INTERNATIONAL LAB | 0.344 | $27,837,002.00 | 5 | -5 |
| DXB | DIMERIX LTD | 0.084 | $13,339,153.00 | 8 | -6 |
| PSQ | PACIFIC SMILES GROUP LTD | 1.18 | $179,352,208.00 | -6 | -6 |
| RSH | RESPIRI LTD | 0.088 | $46,277,712.00 | -30 | -6 |
| THC | THC GLOBAL GROUP LTD | 0.44 | $59,961,556.00 | 1 | -6 |
| PAL | PALLA PHARMA LTD | 1.06 | $85,950,728.00 | -5 | -7 |
| PXS | PHARMAXIS LTD | 0.25 | $98,578,952.00 | 2 | -8 |
| CAN | CANN GROUP LTD | 1.84 | $259,201,536.00 | -12 | -8 |
| AJJ | ASIAN AMERICAN MEDICAL GROUP | 0.12 | $41,730,332.00 | 0 | -8 |
| MEM | MEMPHASYS LTD | 0.025 | $13,753,343.00 | 4 | -9 |
| IVQ | INVITROCUE LTD | 0.07 | $36,772,796.00 | 0 | -10 |
| CDX | CARDIEX LTD | 0.026 | $18,083,058.00 | -26 | -10 |
| PKS | PKS HOLDINGS LTD | 0.18 | $23,016,790.00 | 6 | -10 |
| IMM | IMMUTEP LTD | 0.025 | $84,714,960.00 | -4 | -11 |
| IVX | INVION LTD | 0.016 | $88,009,704.00 | 7 | -11 |
| VLS | VITA LIFE SCIENCES LTD | 0.725 | $40,463,888.00 | 1 | -11 |
| TTB | TOTAL BRAIN LTD | 0.028 | $21,775,276.00 | 17 | -12 |
| DVL | DORSAVI LTD | 0.054 | $11,016,906.00 | -13 | -13 |
| OVN | OVENTUS MEDICAL LTD | 0.22 | $23,836,322.00 | 5 | -13 |
| ATH | ALTERITY THERAPEUTICS LTD | 0.029 | $24,964,286.00 | -12 | -15 |
| SOM | SOMNOMED LTD | 1.58 | $99,230,584.00 | -6 | -15 |
| OBJ | OBJ LTD | 0.015 | $27,141,940.00 | 0 | -17 |
| IMU | IMUGENE LTD | 0.015 | $54,147,696.00 | -6 | -17 |
| RAC | RACE ONCOLOGY LTD | 0.057 | $4,687,441.50 | -5 | -19 |
| HLA | HEALTHIA LTD | 0.795 | $50,112,552.00 | -4 | -20 |
| ADO | ANTEO DIAGNOSTICS LTD | 0.012 | $17,900,488.00 | -8 | -20 |
| ALT | ANALYTICA LTD | 0.004 | $14,078,449.00 | -20 | -20 |
| AVE | AVECHO BIOTECHNOLOGY LTD | 0.003 | $4,732,372.50 | -25 | -20 |
| CAJ | CAPITOL HEALTH LTD | 0.2 | $158,043,696.00 | -11 | -20 |
| NEU | NEUREN PHARMACEUTICALS LTD | 1.12 | $115,550,424.00 | -3 | -21 |
| SCU | STEMCELL UNITED LTD | 0.015 | $9,624,125.00 | -12 | -21 |
| ZLD | ZELDA THERAPEUTICS LTD | 0.041 | $30,969,020.00 | -2 | -21 |
| ADR | ADHERIUM LTD | 0.028 | $4,676,430.00 | -13 | -22 |
| ELX | ELLEX MEDICAL LASERS LTD | 0.55 | $78,980,608.00 | -2 | -22 |
| EX1 | EXOPHARM LTD | 0.42 | $33,810,000.00 | 0 | -27 |
| MX1 | MICRO-X LTD | 0.21 | $32,779,678.00 | -11 | -29 |
| GMV | G MEDICAL INNOVATION HOLDING | 0.2 | $77,763,840.00 | -7 | -30 |
| 1AD | ADALTA LTD | 0.17 | $25,596,802.00 | -13 | -30 |
| ATX | AMPLIA THERAPEUTICS LTD | 0.096 | $4,283,837.00 | -9 | -32 |
| PGC | PARAGON CARE LTD | 0.42 | $141,911,824.00 | -2 | -33 |
| OSP | OSPREY MEDICAL INC-CDI | 0.071 | $30,657,614.00 | -29 | -37 |
| ESE | ESENSE-LAB LTD-CDI | 0.017 | $3,421,384.50 | -5 | -37 |
| TDL | TBG DIAGNOSTICS LTD | 0.035 | $7,615,555.00 | -3 | -39 |
| BIT | BIOTRON LTD | 0.067 | $39,912,292.00 | 0 | -39 |
| CDY | CELLMID LTD | 0.17 | $14,213,611.00 | -3 | -39 |
| IPD | IMPEDIMED LTD | 0.12 | $43,677,460.00 | 0 | -39 |
| AC8 | AUSCANN GROUP HOLDINGS LTD | 0.34 | $106,194,112.00 | -14 | -41 |
| VBS | VECTUS BIOSYSTEMS LTD | 0.34 | $7,949,198.50 | -3 | -42 |
| PTX | PRESCIENT THERAPEUTICS LTD | 0.039 | $15,376,164.00 | -2 | -42 |
| IMC | IMMURON LTD | 0.115 | $18,769,806.00 | -12 | -42 |
| IBX | IMAGION BIOSYSTEMS LTD | 0.018 | $5,826,696.00 | -10 | -43 |
| KKT | KONEKT LTD | 0.17 | $17,983,762.00 | -3 | -45 |
| BLT | BENITEC BIOPHARMA LTD | 0.059 | $15,164,736.00 | -16 | -47 |
| LCT | LIVING CELL TECHNOLOGIES LTD | 0.023 | $13,143,143.00 | -23 | -48 |
| NC6 | NANOLLOSE LTD | 0.043 | $3,224,999.75 | -27 | -51 |
| ANR | ANATARA LIFESCIENCES LTD | 0.2 | $10,129,713.00 | -39 | -54 |
| AMT | ALLEGRA ORTHOPAEDICS LTD | 0.09 | $8,960,315.00 | 13 | -55 |
| NHL | NOVITA HEALTHCARE LTD | 0.012 | $5,391,662.00 | -29 | -55 |
| NTI | NEUROTECH INTERNATIONAL LTD | 0.016 | $2,171,902.00 | -24 | -57 |
| MEB | MEDIBIO LTD | 0.009 | $2,239,213.50 | -10 | -57 |
| ONE | ONEVIEW HEALTHCARE PLC-CDI | 0.25 | $43,221,620.00 | 19 | -58 |
| SIL | SMILES INCLUSIVE LTD | 0.1 | $6,995,397.50 | -19 | -60 |
| RGS | REGENEUS LTD | 0.065 | $13,577,534.00 | -28 | -64 |
| BNO | BIONOMICS LTD | 0.037 | $20,153,378.00 | -39 | -66 |
| VTI | VISIONEERING TECH-CDI | 0.045 | $12,187,868.00 | 5 | -68 |
| CGS | COGSTATE LTD | 0.21 | $25,031,200.00 | -13 | -68 |
| OSL | ONCOSIL MEDICAL LTD | 0.048 | $30,274,022.00 | -20 | -73 |
| ACW | ACTINOGEN MEDICAL LTD | 0.011 | $12,311,545.00 | 10 | -77 |
